5  CVPDC Housing Market Assessment

The following provides a regional-level analysis of major trends impacting housing within Central Virginia Planning District region. All data has been aggregated to the regional-level and includes:

5.1 Takeaways

5.5 Housing stock

Figure 5.15: Regional housing stock by structure type

Figure 5.16: Regional housing stock by year built

Figure 5.17: Change in regional housing stock by bedroom count

Figure 5.18: Map of manufactured home communities

Figure 5.19: Regional residential building permits

5.6 Homeownership market

Figure 5.20: Regional homeownership rate

Figure 5.21: Regional median residential sales price

Figure 5.22: Regional number of closed home sales

Figure 5.23: Regional average days on market

5.7 Rental market

Figure 5.24: Regional average market asking rent

Figure 5.25: Regional rental vacancy rate

5.8 Affordability

Figure 5.26: Total regional housing cost burden by household area median income

Figure 5.27: Regional change in cost-burdened households by tenure

Figure 5.28: Regional percent of cost-burdened households by race and ethnicity

Figure 5.29: Regional cost-burden by household type